http://www.subramoney.com/book-written-by-me/
Continuing yesterday’s post
7. The asset management company’s team is important too! Look for experienced teams where the managers have gone through a few business cycles. Managers who have not seen a down market can be very myopic, and those managers who have been through a prolonged slow down very pessimistic. You need a nice blend in [...]
http://www.subramoney.com/book-written-by-me/
Here is part 1 of an article I wrote for Money Mantra…
How to select a good mutual fund.
Selecting a mutual fund for investing is a very important step indeed. It is not just important it is crucial. However it is the second step, not the first.
It is surprising at the number of people I meet [...]
About the Book : – To most people retirement is an age. It of course depends on your health, the company you work for etc. However in the first chapter I would like to introduce you to the concept that retirement is an amount of money! After all, if you have that magical amount why [...]
Mr. Awanish of money mantra asked me how much will an SIP of Rs. 5k a month grow to over a 20 year period..I actually do not know..so that is what I said, but said it differently. He published it in the money mantra magazine..for which an electronic copy is not available…
there are 2 articles [...]
When the mutual fund industry was groaning about the ban on entry loads, the sounds seemed genuine, but not any longer! Why do companies start a mutual fund (big houses in other financial products) we assume they do this to earn money, correct? Well I am not so sure now.
The latest giga offer I have [...]
Depending on your point of view you can decide what is ‘B’.
Let us take the word as BRIGHT. How can this happen? Well brokers can get excited about earning some money so they drop brokerage charges to 0.5% per transaction (which is what they charge on equity shares) and do the transaction. The greatest advantage [...]
Sounds funny but we may have reached a state in our lives that we need coaches for many things. It is not far away that a Wedding Planner will include ‘pre-wedding’ arrangements like doing a medical test for the bridal couple, arrange for a session by a financial planner – on how to manage your [...]
What will the IFA (Independent Financial Adviser) do now that the entry load has been abolished? They will sell life insurance till 2011. Once that also becomes fee based he will not know what to do. Correct? Well yes and no.
IFAs are perhaps the most agile persons in the whole chain of getting the mutual [...]
This article appeared in the inaugural issue of Money Mantra a new Personal Finance Magazine from New Delhi…1st Nov. 2009. Have not reproduced the table in excel.
FMCG is suddenly the favorite amongst everybody! Why is this so? Well any fund which clocks 67% return in one year is bound to suddenly attract interest, is it [...]
Well Sebi says now you can buy a mutual fund from a stock broker. Of course Sebi and Amfi have added (very sternly) that brokers who sell mutual funds should also pass the Sebi exam (wrongly called the Amfi exam).
This is hilarious at best. There are banks where in one city there would be one [...]